Paul Krugman

@paulkrugman ↗

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Last Checked Nov. 2, 2020

Created

Fri Oct 11 11:14:37 +0000 2019

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Paul Krugman @paulkrugman

Emissions will stay in the atmosphere for generations, raising global temperatures all the while. So every year we fail to act really does damage our future, perhaps irrevocably. It takes willful misunderstanding not to get the difference between that and deficits 6/ — PolitiTweet.org

Posted Oct. 11, 2019 Hibernated

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Paul Krugman @paulkrugman

That is, taxpayers owe interest to bondholders. This can create some problems, but it doesn't reduce the future income of society as a whole. So running budget deficits is nothing at all like emitting greenhouse gases 5/ — PolitiTweet.org

Posted Oct. 11, 2019 Hibernated

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Paul Krugman @paulkrugman

In other words, the millennials are right and the debt scolds are wrong — wrong conceptually, wrong empirically. 7/ — PolitiTweet.org

Posted Oct. 11, 2019 Hibernated